In the land of the very explosive stocks in the world, Penny stocks, stock promoters, stock scams are some of the key words that most people do not understand about when it comes to the penny stock market. Instead they talk about penny stock investing . Investing in these kinds of stocks is a fool game. The main reason for this is because a lot of people don’t understand that the OTC Markets (OTCBB and Pinksheets exchanges) list a number of the world’s worst firms.
A number of the firms are right up scams such as the ones from the movie Boiler Room that has been modeled following the real narrative of Jordan Belfort who had been called The Wolf Of Wall Street. Dumps in the 1990’s and this man was involved in trading pump and made $200 million dollars in the stock exchange. He afterwards went to jail and lost everything, but the same scamsters and con artists that were involved during Jordan Belforts reign in the penny stock market, are still involved now on another degree. Never the less it’s likely possess a technical Stock Alerts system for time the marketplace and to make a profit in this marketplace lawfully now in the event that you understand about advanced technical analysis and chart reading. You have to learn who the key players behind the scenes are and how it is possible to trade about the same side as these people or associations like market makers, hedge funds, and stock promoters.
The only way to earn money in these types of stocks, Unless you get lucky only like winning $25k on a scratch ticket or winning the lottery, is to understand to trade penny stocks. Once I say trading what I am talking about then selling them within several hours or a couple days at most and is buying the sort of stocks. The reason that this can be indeed significant is since the liquidity in the penny stock market is quite low in general. You’ll have trouble selling the penny stock when you wish to in the event you hold a penny stock for a long time, particularly a place bigger than a thousand or a few hundred dollars. The main reason for this is due to the fact that the typical quantity in many penny stocks is less than $25k total per day. This means that in the event that you would like to sell $5000 worth of a penny stock your order could be selling 25% of the daily quantity. Stock Alerts that produce a market in penny stocks reduce the best bid in order to go all the way you and take a few of your money and will see your order.